HINDUSTAN AERONAUTICS
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The Current P/E Ratio of HINDUSTAN AERONAUTICS is 37.60.
Share Price | ₹3,327.3 | Mar 28,2024 |
Market Cap | ₹222,526.5 Cr | |
Earnings-TTM | ₹5,918.5 Cr | TTM-Consolidated Results |
Price/Earnings | 37.60x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN AERONAUTICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹222,526.5 Cr] as on Mar 28,2024
(/) Earnings [ ₹5,918.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.60x ]
Thus, for HINDUSTAN AERONAUTICS , the investors are currently willing to pay 37.60 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of HINDUSTAN AERONAUTICS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of HINDUSTAN AERONAUTICS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN AERONAUTICS
PE Ratio Performance Analysis for HINDUSTAN AERONAUTICS
- HINDUSTAN AERONAUTICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.42x.
- HINDUSTAN AERONAUTICS 's operated at median p/e ratio of 10.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN AERONAUTICS 's p/e ratio peaked in Mar2023 at 15.67x.
- HINDUSTAN AERONAUTICS 's p/e ratio hit its five-year low in Mar2020 of 6.18x.
How does HINDUSTAN AERONAUTICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?
Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTAN AERONAUTICS | 5,918.46 | 37.60 | 222,526.5 |
BHARAT DYNAMICS LTD | 476.70 | 67.33 | 32,098.1 |
DATA PATTERNS (INDIA) LTD | 165.95 | 81.71 | 13,559.6 |
ASTRA MICROWAVE PRODUCTS LTD | 73.32 | 77.14 | 5,655.9 |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 32.37 | 73.74 | 2,387.0 |
ROSSELL INDIA LTD | 13.20 | 102.04 | 1,346.9 |
Defence Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN AERONAUTICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 37.60x |
Max industry PE | 102.04x |
Median industry PE | 77.14x |
Average industry PE | 73.26x |
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